Hahm readies pre-IPO with eye on IPO as first Korean PR stock

[Provided by Hahm Partners]

Hahm Partners has set the goal to become Korea’s first listed public relations agency to go public upon arranging a pre-IPO funding scheme of around 10 billion won ($7.09 million) targeting private equity funds at home. It has recruited Shinhan Investment Securities for an IPO on the Kosdaq toward the end of next year. The agency with Kakao and Naver under its portfolio is expected to record 2 billion won in operating profit this year.

By Pulse